Monday, January 9, 2012

The advantages of Panama Inc


Panama is the Inc for legal form of a corporation. they
is an international legal personality and legal capacity is available on the
world to be active.
Unless the company business in Panama is active, all under control. Only a flat tax of EUR 300, - USD peryear falls. In the founding year, the flat tax 250, - USD. There are no accounting rules or record keeping duties.Financial statements and tax returns must not be made ​​or stored. The subscription of capital in the amount ofminutes. 10.000, - USD will not be paid. The share capital may be increased at any time.
The advantages of Panama Inc are:

- No tax returns
- No income tax
- No property tax
- No withholding tax
- No sales tax
- No taxes on corporate shares
- No taxes for shareholders
- No tax on sale of shares or transfer
- No tax on capital
- No real estate taxes (property tax)
- No gift tax
- No income taxes
- No capital tax
- No accounting requirements
- No obligation Audit
- No audits